Economic Recovery

Part of the debate – in the House of Commons at 12:16 pm on 22nd October 2009.

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Photo of Ian Pearson Ian Pearson Economic Secretary, HM Treasury 12:16 pm, 22nd October 2009

Yes, HMRC has been extremely active in wanting to work with companies and defer payments where that can help a company and provide it with the breathing space that it needs. As I said, more than 150,000 businesses have benefited, and a figure in excess of £2.3 billion has been deferred in the way of tax. If my hon. Friend has specific examples of companies with problems and wants to talk to me about them, I will ensure that they are investigated. If support can be provided to viable businesses through deferring tax payments, that is what should be happening. I am happy to take that forward with him directly.

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